Camping World Holdings Inc
investor.campingworld.comWhat Do They Do?
Sells new and used RVs, parts and accessories, and repair and protection services to RV buyers, owners and travelers.
10-K for FY2025, filed Feb 27, 2026Camping World Holdings, Inc. (together with its subsidiaries) is America’s largest retailer of RVs and related products and services.…View ↗
RV and Outdoor RetailView ↗
Our Good Sam Services and Plans segment consists of programs, plans and services that are geared towards protecting, insuring and promoting…View ↗
RV parts, accessories and installation services. We offer a wide range of RV parts, equipment, supplies and accessories at our store…View ↗
How Do They Make Money?
RV and Outdoor Retail earns mainly from RV sales, paid when each sale is completed, plus parts and repair work paid for as items are delivered or work is completed. Good Sam earns membership and roadside-plan revenue over contract terms, plus fees when finance or insurance payments arrive or financing is arranged.
10-K for FY2025, filed Feb 27, 2026RV vehicle revenue consists of sales of new and used recreational vehicles, sales of RV parts and services, and commissions on the related…View ↗
Revenue from RV-related parts, service and other products sales is recognized over time as work is completed, and when parts or other…View ↗
Good Sam Services and Plans revenue consists primarily of revenue from emergency roadside assistance plans, publications and marketing fees…View ↗
Finance and insurance revenue is recorded net, since the Company is acting as an agent in the transaction, and is recognized when a finance…View ↗
Good Sam Club revenue consists of revenue from club membership fees and royalty fees from co-branded credit cards. Membership revenue is…View ↗
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10-K for FY2025, filed Feb 27, 2026
FY2025 revenue by reportable segment ↗
$6.4B
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10-K for FY2025, filed Feb 27, 2026
$6.4B ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Good Sam Services and Plans
Mix
|
3.2%
FY2022: 2.8%
|
Good Sam Services and Plans, FY2025
$200.9M Sources
|
Mix |
|
RV and Outdoor Retail
Sold outright
10-K for FY2025, filed Feb 27, 2026 |
97%
FY2022: 98%
|
RV and Outdoor Retail, FY2025
$6.2B Sources
|
Sold outright |
Who Are Their Customers?
RV buyers and owners shop through its dealerships and e-commerce business for vehicles, parts and service; travelers can also buy Good Sam protection, roadside and travel plans.
10-K for FY2025, filed Feb 27, 2026RV and Outdoor RetailView ↗
RV parts, accessories and installation services. We offer a wide range of RV parts, equipment, supplies and accessories at our store…View ↗
Our Good Sam Services and Plans segment consists of programs, plans and services that are geared towards protecting, insuring and promoting…View ↗
Protection ProgramsView ↗
Do Revenues Turn Into Profits?
No. It lost $89.8M in FY2025.
10-K for FY2025, filed Feb 27, 2026
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Jul 31, 2026
$26.9MView ↗
- ▼ −11%
- vs $30.2M in Q2 FY2025
10-Q for Q2 FY2026, filed Jul 31, 2026
Open tableView ↗
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Jul 29, 2026
Lowered the outlook for adjusted earnings before interest, taxes, depreciation and amortization
For 2026, the range fell from $275 million to $325 million to $230 million to $270 million.
Sources
8-K, filed Jul 29, 2026
For full year 2026, the Company is lowering its previous guidance range of Adjusted EBITDA of $275 million to $325 million to a new range…View ↗
Shrinking. Revenue fell 8% in 4 years, from $6.9B in FY2021 to $6.4B in FY2025, about 2% a year.
Free club tier
Good Sam Club added a free basic tier alongside paid memberships; free members earn points at a lower rate than paid members.
10-K for FY2022, filed Feb 23, 2023 10-K for FY2025, filed Feb 27, 2026Our RV and Outdoor Retail segment consists of all aspects of our RV dealership operations, which includes selling new and used RVs…View ↗
Good Sam Club. The Good Sam Club is a prepaid subscription membership organization that offers a points-based loyalty program, where points…View ↗
Who Do They Compete With?
Competes with Wal-Mart, Target, and Amazon
10-K for FY2025, filed Feb 27, 2026multi-channel retailers and mass merchandisers, warehouse clubs, discount stores, department stores and other retailers, such as Wal-Mart…View ↗
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